Coinbase

In a significant move on Tuesday, Cathie Wood-led Ark Invest made headlines by purchasing shares of Roku Inc (NASDAQ:ROKU) worth more than $25 million. This strategic acquisition comes amid a tumultuous period for Roku. The Roku Trade On Tuesday, Ark Invest purchased 383,483 shares across ARK...

ARK Invest CEO Cathie Wood described that Coinbase Global Inc (NASDAQ:COIN) is performing well soon after the latter released its fourth-quarter earnings, surpassing expectations. What Happened: During an interview with Yahoo Finance, Wood, lauded Coinbase, stating that it is the most compliant...

Coinbase Global Inc (NASDAQ:COIN) CEO Brian Armstrong spoke about new ventures in Ethereum (CRYPTO: ETH) based products during a Thursday earnings call.  What Happened: He said, “We’ve been named as the custodian in 5 of the 8 ETH ETF applications.” Coinbase reported a 45.2% jump...

Coinbase Global Inc (NASDAQ:COIN), the U.S.-based cryptocurrency exchange, reported that its trading volume doubled in the fourth quarter compared to the third quarter, totaling $154 billion. What Happened: During an earnings call on Thursday, Armstrong said ETFs were a “win-win for Coinbase...

In a notable move on Thursday, Cathie Wood-led Ark Invest adjusted its portfolio by selling shares of Coinbase Global Inc (NASDAQ:COIN) following the company’s announcement of its fourth-quarter results, which revealed a surprise profit. The Coinbase Trade The firm sold a total of 162,762...

At the close of Thursday’s trading session, the primary U.S. stock indices showed gains, with the Dow Jones Industrial Average rising 0.9% to reach 38,773.12. Similarly, the S&P climbed 0.58% to finish at 5,029.73, while the Nasdaq saw an increase of 0.3%, closing at 15,906.17. These are...

Coinbase Global, Inc (NASDAQ: COIN) is set to print its fiscal fourth-quarter financial results after the market closes on Thursday, and the stock was edging about 3.5% higher heading into the event. When the cryptocurrency trading platform printed a third-quarter revenue beat on Nov. 2, the stock...

The U.S. stock market attempted a rebound following Tuesday's declines, sparked by a higher-than-expected inflation report in January, as investors refocused on corporate earnings. The Dow Jones Industrial Average ended Wednesday 0.4% higher at 38,424.27, while the S&P 500 gained 0.96% to 5,...

Major crypto players opted for the bench as no crypto firm pitched during the glam and glitter of the Super Bowl LVIII on Sunday. What Happened: There were no flashy crypto ads this year, just Twitter co-founder and Block Inc (NASDAQ:SQ) CEO Jack Dorsey, spotted in the stands in a ‘Satoshi'...

During a House Financial Services Committee hearing, U.S. Treasury Secretary Janet Yellen urged Congress to introduce specific legislation aimed at the cryptocurrency market to address potential risks not covered by current financial laws. What Happened: Yellen stressed the need for regulatory...

The much-hyped investment firm Ark Invest, led by Cathie Wood, has reportedly seen a massive erosion of wealth over the past ten years, amounting to a staggering $14.3 billion. What Happened: According to a recent Morningstar analysis, the wealth destruction at Ark Invest, a company that gained...

Stocks that offer investors exposure to Bitcoin (CRYPTO: BTC) have experienced a downturn following the apex cryptocurrency’s price drop to levels below $41,000, despite initial enthusiasm surrounding the introduction of spot crypto exchange-traded funds (ETFs) in the United States. Companies...

In a recent court hearing, a lawyer representing Coinbase Global Inc (NASDAQ:COIN) compared buying cryptocurrencies to collecting Beanie Babies, a popular toy from the 1990s. The lawyer argued that buying crypto tokens doesn’t grant the buyer any rights, unlike traditional securities. The...

Coinbase Global Inc (NASDAQ:COIN) is set to contest the U.S. Securities and Exchange Commission’s (SEC) classification of tokens traded on its platform as securities. What Happened: Coinbase, the world’s largest publicly traded cryptocurrency exchange, is scheduled to present its case...

On Thursday, Cathie Wood-led Ark Invest made a significant move in the stock market, purchasing $25.55 million worth of shares in Tesla Inc (NASDAQ:TSLA). This trade comes amidst a period of heightened interest in Tesla, as Ark Invest continues to show confidence in the electric vehicle giant...